What is Digital Procurement?

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Dive into the world of Digital Procurement with our comprehensive video that covers the ins and outs of this revolutionary approach to procurement processes. We discuss the definition of Digital Procurement, its role in the broader concept of digital transformation, and the impacts of Covid-19 on its adoption. Learn about the key benefits, potential drawbacks, and strategies for overcoming obstacles to successfully implement Digital Procurement in your organisation.
📌 In this video, you'll learn about:
-The definition and importance of Digital Procurement
-How Digital Procurement is part of the broader digital transformation trend
-The acceleration of Digital Procurement adoption due to Covid-19
- benefits of Digital Procurement such as increased efficiency, better collaboration, and cost savings
-Potential drawbacks and challenges of implementing Digital Procurement
-Strategies for overcoming obstacles and maximizing the benefits of Digital Procurement
Don't miss out on this valuable resource that can help you navigate the world of Digital Procurement and unlock its full potential for your organisation.
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00:00 Introduction to Digital Procurement
00:36 What is Procurement
01:28 What is Digital Procurement
02:27 Benefits of Digital Procurement
06:28 Challenges of Digital Procurement
09:13 Summing up Digital Procurement